price reveres at median line with a great precision, and now have created a lower low compared to previous market structure (sign of weakness), we have 2 short setups that can occure, one is aggressive and the other one is alot safer, you can either try test/re-test strategy and get short on the next touch on the energy point for a 1 to 6 R:R or wait for the hagopian line to break and enter on pullback (of course it's reached the ML and cannot be counted as hagopian but in my backtesting i've seen if the trigger line breaks, it can act the same in most cases), then your target would be pivot C which hits most of the times.
feel free to share your ideas, thanks!
feel free to share your ideas, thanks!
Trade closed: stop reached